Kuwait – Mubasher: Kuwait Slaughter House’s shareholders will hold a meeting on Thursday, 31 August to discuss the voluntary withdrawal from the Kuwait Stock Exchange (KSE), according to a bourse statement.
On 4 August, the company’s board recommended to delist from the bourse.
The company’s profits went down 4.5% year-on-year to reach KWD 200,000 ($661,550) in the second quarter of 2016 from KWD 209,500 ($692,970) in the prior-year period. In the first six months of 2016, profits fell 3.4% to KWD 395,320 from KWD 409,060 in the year-ago period.
